The Gayfers was later converted to a second McRae's location when Gayfers was bought out by Dillard's in 1998.[4] Both were acquired by Belk in 2006, which closed the store in the former McRae's in 2010 and consolidated all operations into the former Gayfers.[5] Goody's closed in 2009 and became Stein Mart in 2011.[6]